SCHEDULES

SCHEDULE 52Recovery of overpaid tax etc

Part 1Income tax and capital gains tax

Consequential amendments

7

(1)

Paragraph 4 of that Schedule (giving effect to claims and amendments) is amended as follows.

(2)

In sub-paragraph (1)—

(a)

for “and (4)” substitute “ to (5) ”, and

(b)

omit “and to any other provision in the Taxes Acts which otherwise provides”.

(3)

In sub-paragraph (2), for “and (4)” substitute “ to (5) ”.

(4)

Insert at the end—

“(5)

This paragraph has effect subject to any provision in the Taxes Acts that—

(a)

requires or allows effect to be given to a claim by other means, or

(b)

provides that an amount is not to be discharged or repaid.”